ID#: 3567
Size: 9826m2 / 105766ft2
Beds: 0, Baths: 0
Price has been reduced to $899,000!
The property is valued at $1,200,000. There are 7 homes already built and sold on the property which are currently in the rental program.
There are two options for further development on this property.
1.Lots for another 20 homes to be built which can be kept and rented out for a rental income or sold.
2.Lots for another 8 homes and property for 48 motel units consisting of four buildings 3 storeys high with 12 units in each building.
There is also a social area existing including a Classic Rock bar and restaurant, Pool, gym and five commercial shops. The potential to make more than double on the investment is good.
Here is what is included in the resort in Panama:
- 3 one-bedroom, fully furnished homes OR we will build 10 one-bedroom motel units
- 3 corporations which include one for the ownership and construction of the property, one for the business of the resort and one for the bar
- 17000 sq ft commercial construction of social area
- Business license for construction business
- Business license for bar etc
- Gym and equipment
- 75'X27' pool
- Bar with equipment
- Restaurant
- 5 commercial units for rental
- Area for restaurant and kitchen
- Outdoor showers and bathrooms
- 20 lots for building homes 8 with approvals for second phase
- Large covered area suitable for banquets, conferences and weddings adjacent to pool area
- Rental program with owners of 7 existing homes with 70-30 split. (70% to owners 30% to resort owner)
- Website www.puntachameresorts.com
- Video for sale of homes currently at http://www.connectiontopanama.com/punta-chame-video.php
- Projection of 20 homes estimated at ROI of 100% or 8 homes and 48 motel units
Punta Chame,
Chame
Priced to sell / $899,900
Listing preview | View all details
ID#: 3520
Size: 1800m2 / 19375ft2
Beds: 4, Baths: 5
This wonderful ocean front house has a 4 bedrooms, the master bedrooms has a balcony, 3 bathrooms, family room, patio which opens up to the pool and directly to the ocean, kitchen, living and dining room, bohio/rancho with bathroom, care takers house, another independent house that can be used for guest house or workshop, swimming pool.
All the furniture and appliances are included in the price. The house was built in 2005.
Punta Chame has a very unique geography. It is basically finger shaped and actually has ocean on both sides of the white sand-lined projection.
Because of the layout of the land, it is an exceptional area for shrimping and wind sports, specifically wind sailing and kite surfing.
There are about 35 km of white sand beaches that make up the finger, and it would take approximately 8 hours to walk from the base of the finger around the point to the other end of the finger shaped projection.
Punta Chame is located approximately 40 minutes from the more well known area of Coronado which features a resort that has a Fazio designed, championship golf course, professional tennis courts, a beach club, equestrian club, a full spa with trained staff, outdoor Jacuzzis surrounded by beautiful gardens, an Olympic sized swimming pool, 4 restaurants, 4 bars, conference rooms and exclusive play areas for kids.
The beachfront in Punta Chame is comprised of white sand with broad, endless beaches that go on for miles. During the week you can usually have huge stretches of beach all to yourself.
Punta Chame is located about 1.5 hours from Panama City. One of the primary advantages of real estate in Punta Chame is that there is a significant amount of infrastructure within 30-35 minutes of the point already in place.
Punta Chame is located near the area of Farallon, which in recent years has been a real hot spot for Panama Real Estate. Such Resorts and residential communities as the Decameron Resort, Barcelo Resort, Vista Mar, Buena Ventura and Las Lagartijas have been springing up along Panama's Pacific Coast in the last 3-5 years.
Amenities associated with this stretch of beaches include: full scale supermarkets, pharmacies, restaurants of every type and price range, medical and veterinary clinics, gardening centers, hardware stores, and outdoor markets etc.
Real estate values in Panama and primarily beachfront real estate along Panama's Pacific Coast areas have been appreciating very steadily, and as interest and growth increases so to do the real estate values. For the above reasons, and more, Punta Chame has become a hot spot for both foreigners and locals alike when it comes to beach front real estate for weekend and retirement homes.
Punta Chame,
Chame
For sale / $1,400,000
Listing preview | View all details
ID#: 2001
Size: 193m2 / 2077ft2
Beds: 3, Baths: 3
This amazing beach front condo is located in the Sandpiper exclusive development in the tranquil beach of Punta Chame , which offers you a lifestyle integrated which nature.
The apartment has 3 spacious bedrooms, each one with its own bathroom plus a maid’s quarter and laundry room. It has a wide open kitchen with all the appliances and utensils.
The unit comes nicely furnished and fully equipped with stainless steel appliances, A/C units and ceiling fans.
It also has a large balcony with spectacular views to the beach.
Punta Chame,
Chame
For sale / $379,000
Listing preview | View all details
ID#: 997
Size: 1750m2 / 18837ft2
Beds: 6, Baths: 3
This property is only 1/2 a block from the ocean. The property has five castia's that can be used for a very nice and quite bed and breakfast operation. The swimming pool is nestled in the compound giving everybody a place to enjoy the sun and the water. The large bohio is the gathering point for this property
Punta Chame,
Chame
For sale / $225,000
Listing preview | View all details